Wildlands Carbon will develop carbon offsets for sale in the voluntary carbon market, under the Improved Forest Management (IFM) protocol of the American Carbon Registry (ACR).
The Wildlands Carbon legal framework allows the project to be managed centrally by the “Project Proponent,” without asking any enrolled individual land trust to take on the responsibility or liability of managing the project. The Project Proponent will be the Wildlands Carbon LLC, of which SIG Carbon will be the Project Manager, and Northeast Wilderness Trust the Project Sponsor.
The Project Manager, SIG Carbon, will manage the project for the entire life of the project, including project feasibility analysis, registration with the ACR, carbon inventories and modelling, double-verification, credit issuance, reporting, and sales.
The Project Sponsor, Northeast Wilderness Trust, will conduct land trust outreach, assist in successful project implementation and monitor the project for the best interests of the landowners.
The Wildlands Carbon aggregation concept reduces economic and administrative burdens for individual land trusts by pooling resources and sharing costs equally across all land trusts in a cohort. This aggregation protects land trusts from legal risks.
Each land trust will have an individual agreement with Wildlands Carbon, so land trusts will not be responsible for each other nor will they have any liability to each other.